Amcor Plc Stock Beta

485 Stock  EUR 9.66  0.07  0.72%   
Amcor plc fundamentals help investors to digest information that contributes to Amcor Plc's financial success or failures. It also enables traders to predict the movement of Amcor Stock. The fundamental analysis module provides a way to measure Amcor Plc's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Amcor Plc stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Amcor plc Company Beta Analysis

Amcor Plc's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Amcor Plc Beta

    
  0.84  
Most of Amcor Plc's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Amcor plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, Amcor plc has a Beta of 0.8402. This indicator is about the same for the Consumer Cyclical average (which is currently at 0.84) sector and 2.3% lower than that of the Packaging & Containers industry. The beta for all Germany stocks is notably lower than that of the firm.

Amcor Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amcor Plc's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Amcor Plc could also be used in its relative valuation, which is a method of valuing Amcor Plc by comparing valuation metrics of similar companies.
Amcor Plc is currently under evaluation in beta category among its peers.
As returns on the market increase, Amcor Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amcor Plc is expected to be smaller as well.

Amcor Fundamentals

About Amcor Plc Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Amcor plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amcor Plc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amcor plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Information and Resources on Investing in Amcor Stock

When determining whether Amcor plc is a strong investment it is important to analyze Amcor Plc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Amcor Plc's future performance. For an informed investment choice regarding Amcor Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amcor plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Amcor Stock please use our How to Invest in Amcor Plc guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between Amcor Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amcor Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amcor Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.